Money-market

Clearly the best book on Eurodollar futures and options. The book is a must for anyone involved in fixed income securities.

Having just finished reading the author's treatment of bond futures in the 'Treasury Bond Basis,' I was happy to see that Burghardt was updating some of his material from the early 1990s on Eurodollar futures. The 'Bond Basis' was an excellent and thorough analysis, and 'The Eurodollar Futures and Options Handbook' follows the same trend.

He provides an excellent overview of the institutional details of Eurodollars and their uses. The book is at its strongest when dealing with issues of the convexity bias and also scores high by not neglecting important issues like the stub period. Perhaps my favorite chapter was on callable bonds and the extension/compression risk, which, while a little misplaced in a book on Eurodollars, still provided a very lucid explanation of the relevant issues.

With regard to options, the author touches upon some of the interest strategic combinations using serial and mid-curve options, but I feel that he could've delved a bit deeper in this part of the book. It's the only area in which I felt the book was somewhat lacking.

Having said all that, if you're looking to learn about Eurodollar futures, I can't imagine there's a better book out there. This is an excellent compilation of a number of Burghardt's research from the 1990s together with more recent updates. Even if Eurodollars are not your main area of expertise, this book will still help you to gain a more solid understanding of many of the pertinent topics in fixed income.

Being an outsider of European Intergration as asian, I can catch layout picture from this book about the EURO system. Even it will bring new future in major regions on focus economy and business. This book is not under academical theories only but also on practical issues. And the writing is not hard to read for non-inglish speaker.

It's a book about EURO which you'll find interesting. It is actually a collection of articles written by various industry specialists. It examines the impact of EURO on many areas like Bond Market, Equity Market & foreign exchange rate etc, it also illustrates the role of ECB.

It's recommended to students who want to have a quick grasp of knowledge in the EMU. It contains many graphs and diagrams which can raise your speed of reading. However, the impact of Euro on Equity market is a little bit too short.

Highly recommended to overseas students in Europe.